Ivanka Trump on the President's List of Possible Candidates to Lead World BankAnonymous01/13/19 (Sun) 00:48:4391d5b6No.12667854

>Donald Trump’s daughter is reportedly one of a handful of people being considered as the new head of the World Bank.

>The US president’s eldest daughter Ivanka Trump has been mentioned as a possible successor to Jim Yong Kim, who stood down earlier this week, three and a half years before his term was up.

>The sudden departure of Mr Kim, who was first appointed by former president Barack Obama in 2011 and re-elected in 2016, means Mr Trump can now choose a successor.

>According to the Financial Times, names being thrown into the mix for the role include Ivanka Trump, Treasury official David Malpass, former UN ambassador Nikki Haley and head of the US Agency for International Development Mark Green.

>Mr Kim, a former academic and health official, said he was leaving the World Bank for a role at a Wall Street private equity firm that involves helping the private sector finance infrastructure projects in emerging markets.

>The World Bank board said the next president should have a “proven track record of leadership”, “experience in managing large organisations with international exposure and familiarity with the public sector” and “a firm commitment to and appreciation for multilateral cooperation”.

>Historically, the person that the US – the biggest shareholder – puts forward to be considered for the role is approved by the board, and the European shareholders select someone to lead the International Monetary Fund.

>Ivanka Trump worked with the World Bank to help launch a $350 million women’s entrepreneurship fund in 2017.